Home Christian News Vatican Megatrial Ready to Address Financial Crimes After Dismissing Defense Motions

Vatican Megatrial Ready to Address Financial Crimes After Dismissing Defense Motions

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A Vatican trial of 10 people accused of financial crimes, including Cardinal Angelo Becciu, resumes after a chief judge ordered the prosecution to give the defense more access to evidence and to question defendants who were not given the right to speak earlier, at the Vatican, Nov. 17, 2021. Photo by Vatican Media

VATICAN CITY (RNS) — After seven months of preliminary hearings, the Vatican’s trial of 10 individuals accused of corruption, fraud and money laundering will continue after judges dismissed final objections by the defense on Tuesday (March 1).

According to latest estimates provided by Vatican prosecutors, the Catholic institution was defrauded of more than $242 million through the controversial purchase of real estate in London’s fashionable Chelsea neighborhood. According to the prosecutors, the 10 defendants, comprising Vatican employees, clergy and outside entrepreneurs, colluded to plunder a church charitable fund called Peter’s Pence.

Cardinal Angelo Becciu, once the third-highest-ranking prelate at the Vatican, now stands accused of abuse of power, witness tampering and corruption and will be the first defendant to be interrogated as the trial proper begins on March 17.

“It’s finally time for truth. The debate begins. I’ve waited for seven months and now I can speak,” Becciu told Vatican reporters after the hearing. “I’m happy,” he added.

At the next hearing, the cardinal will answer charges that he sent funds loaned by the Vatican bank and the Italian Bishops’ Conference to foreign accounts belonging to his brother and niece. The cardinal has denied any wrongdoing and said that the money — amounting to more than $780,000, according to prosecutors — was intended for charity.

As sostituto, akin to a Vatican chief of staff, Becciu oversaw the London property purchase with the help of Italian financier Raffaele Mincione. When the Vatican realized that the investment was losing money — through unspecified fees and contractors — it sought to exit the deal. In 2018, Becciu’s successor, Archbishop Edgar Pena Parra, brought in Italian entrepreneur Gianluigi Torzi to help the church buy out Mincione and other investors (whose identities are at the heart of the current inquiry) and sell the property.

Instead, Torzi retained a portion of ownership and, prosecutors claim, extorted the Vatican to pay over $16 million to get free of the deal.

Becciu will also be asked about his relationship with an Italian political analyst, Cecilia Marogna, whom Italian papers refer to as “the cardinal’s lady” and who is also charged with embezzlement in the trial. Prosecutors say that Marogna was paid exorbitantly for advising Becciu, using the cash to buy expensive designer bags and furniture.

Cardinal Angelo Becciu, left, and Cecilia Marogna. (AP Photo/Gregorio Borgia, File)

On Tuesday, Marogna’s defense lawyer said that the Vatican tribunal will have to clear his client’s testimony with the Vatican and Italy’s Secretariat of State as well as NATO, as she claims it would force her to share Italian and Vatican state secrets. He also claimed that Marogna fears for her safety.

Vatican judge Giuseppe Pignatone said he will appeal to the Vatican Secretariat of State but pointed out that NATO “right now is busy with other things,” referring to the ongoing conflict in Ukraine.

There are suggestions that the cardinal and Marogna’s dealings went beyond business. Becciu refused to attend a Jan. 25 preliminary hearing, saying he “did not wish to listen” to a recorded interrogation with Monsignor Alberto Perlasca, who once managed the Vatican Secretariat of State’s funds, hinting that Becciu and Marogna had an “intimate” relationship.

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